Good article on cutting government aid too soon

FDR’s programs helped pull the United States out of the Great Depression.  However, under increasing republican pressure, he caved in and cut spending.  The US then suffered a “recession within a depression”.

http://www.huffingtonpost.com/2009/03/13/1937-haunts-democrats-dur_n_174358.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s